Word: levins
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...Time Warner chief executive Gerald Levin and AOL boss Steve Case, the common experience of groping through a rapidly mutating economy made this deal in some ways inevitable. In AOL, Case had built a brand, a customer base and (by Internet standards) healthy profits. But he faced a future that may see Internet access become a commodity, and he lacked access to the leading source of broadband--the fat, fast pipes of cable television that could carry vast amounts of Internet content. And Case didn't have much in the way of content either. Time Warner's cable-television system...
...This ambitious plan for science and engineering is a crucial element in Yale's strategy to remain among the very small number of universities that are considered the finest in the world," said Yale President Richard C. Levin in a press release...
...deal was this: Time Warner shareholders will be given 1.5 shares in the new entity, while AOL's will get a one-for-one swap. That gives AOL stockholders 55 percent of the new company, which will be headed up by Time Warner CEO Gerald Levin, and gives Time Warner equity a shot in the arm. After all, before the merger AOL's market capitalization had been $163.4 billion, nearly double Time Warner's $83.3 billion. Levin acknowledged there had been some tough bargaining on valuation, given, as he delicately put it, "the way the market's behaving right...
...people aren't happy with the law school because they're not happy with themselves," Levin said. "They're prideful and aggressive just like the law school...
...Levin also listed large class size among his concerns...